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20120926
20121004
SHOW
STATION
CNBC 7
KNTV (NBC) 3
WBAL (NBC) 3
LANGUAGE
English 13
Search Results 0 to 12 of about 13 (some duplicates have been removed)
CNBC
Sep 26, 2012 11:00pm EDT
crash. we have a federal reserve that's so exasperated with its inability to get the economy moving, it's taken the unprecedented position saying it's going to stay acome date. aka, print money. we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a treme
CNBC
Oct 1, 2012 11:00pm EDT
work. but this is not one of those times. when the federal reserve talks about getting the economy moving by any means necessary it is really talking about getting more data like today's terrific ism number. given that the europeans and chinese are doing the same thing, if you're betting against the market you're fighting major central banks around the world that are doing their best to generate good data and sometimes their best is good enough. why does this overused cliche matter so much? ben bernanke said he's going to continue to buy bonds to keep interest rates down, so that this purchasing manager's number won't be an aberration. when you examine the fundamental of individual stocks, you are playing what's known as the micro. when you take into account the big data numbers like the purchasing manager's index, you're making a macro analysis. again though like the idea of fighting the fed this micro/macro dichotomy might mean nothing to you unless you took ec 101. let's put it in terms that everybody can understand. anyone who's been to a museum or taken an art class knows that
CNBC
Sep 27, 2012 11:00pm EDT
this is all an anomaly if you're bullish. and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a drag. china, there's a big hate on china right now. china is big hat. no. big mao cap no cattle. the worst downturn in two months is more representative of what's happening because there is no unity between the rich and poor nations. don't they show that there's no real hope for fiscal reform in that wounded country? today's action, i heard all day it's phony. me and many portfolio managers buy stocks and move them higher to the end of the quarter to get a little gain there. the conclusion, if this were monday coming up, a new month, a new quarter, you would see
CNBC
Sep 26, 2012 6:00pm EDT
with the inability to get the economy moving, it's taken the position of saying it's going to stay accommodative, meaning continuing to print money even as it looks like the economy is turning around. that's the exact opposite of a mandate to take away the punch bowl once the party gets started. now ben bernanke is going to keep it flowing for as long as it takes. we could be for three days. plus, one more unthinkable, a slowing chinese economy. the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the united states. the diverse portfolio of high-quality stocks, income producers, and growth stocks with solid dividend boosts. and of course, some gold. these have all been the c
CNBC
Oct 3, 2012 6:00pm EDT
of stocks in the firmament. the economy is so darn lousy, we don't have much longer -- at the same time the fed wants interest rates down so the economy can hopefully catch fire. we all know from the boss, bruce springsteen, you can't start a fire without a spark. unfortunately, those low rates mean you can't earn squat on bonds either. like it or not, you need to own stocks that can give you a decent return. the unemployed have a hard time saving, no kidding, the fact is that 90 million american households save with stocks in one form or another. it makes a ton of sense when you think about it. how do we get sustainable higher stock prices? let me give you my eight-point plan. point number one, we have to eliminate the tax on dividends entirely. if they're tax-free, people will buy them. i trust the balance sheets of corporate america far more than i trust the government's balance sheet. this is hardly a reckless position and would encourage companies to reward shareholders by issuing and raising dividends. i would actually raise the tax on capital gains. why? you get gains when you se
NBC
Sep 28, 2012 3:00am EDT
the chinese economy can absorb all the steel they dump worldwide. i find that highly unlikely. but that doesn't mean we shouldn't be buying the ingredients of steel which the chinese don't have. think iron, i like vale, think vle. secondarily they need copper. that's fcx. how about machinery? although it is a second derivative, meaning it won't happen immediately, they will need engines and trucks and earth movers. cat said negative things but those are the only two worth going with and those companies won't see a bump in time to save their quarters which is actually what matters. you can include general electric in machinery, and today the ceo said china is going to be a huge driver for earnings, that led us to increase our position for ge. people want to buy joy global, i don't know. finally there will be a step up in oil demand, and that scenario i think is very investable. the chinese will need to import and when they do that, you will want to own not any of the major oils or independents. you need international drillers and service companies. they make the actual rigs in deep water drill
Search Results 0 to 12 of about 13 (some duplicates have been removed)